Real-time payment systems continue to see strong usage worldwide. One of the most significant developments is the European Council’s new rule to enable instant payments...
Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments...
Colombian FinTech Bold raised $50 million to expand its payments terminal offering. The company announced the General Atlantic-led Series C round Wednesday (Feb. 14), saying...
Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse...
Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small...
Cobre has reportedly raised $13 million to take its treasury platform beyond its native Colombia. As TechCrunch reported Thursday (Oct. 5), the company plans to enter Mexico...
The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud....
Mastercard will terminate its partnership with cryptocurrency exchange Binance Holdings. This decision will impact all four of Mastercard’s co-branded card programs with Binance, which are in Argentina,...